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1940 E Thunderbird Road

Phoenix, AZ 85022
  • $2,275,000
  • STATUS: Active
  • ON SITE: 790 days
  • MLS #: 5914694
UPDATED: 49 min ago
$2,275,000
  • 0
    BEDS
  • 1.01
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,425
    SQFT
  • $147
    $/SQFT
Type:
Commercial
Built:
1985
County:
Area:

School Ratings & Info

Description

15,424sf CO zoned property on acre lot located between major Freeways, 51, 101 and 17; only 20 minutes from Sky Harbor airport, 7 minutes to Scottsdale, Desert Ridge, Minutes to Paradise Valley! Currently 96% occupied and anticipated to be 100%! This fantastic property is located near the busy intersection of Cave Creek Road and Cactus/Thunderbird Road! There is an updated lobby area and even an elevator serving level two suites. 2400sf has just been transformed into all plumbed 13 medspa suites/executive suites with kitchen and lovely reception a medical office, property has been repainted and parking has been redone, mostly new AC units and more!

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© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than My Home Group. Data last updated 2021-06-20T12:14:37.947.
www.premiumazhomes.com/homes/93911184
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1940 E Thunderbird Road Phoenix, AZ 85022

  • Price: $2,275,000
  • Status: Active
  • Updated: 49 min ago
  • MLS #: 5914694
0
Beds
0
Baths
0
½ Baths
1.01
Acres
15,425
SQFT
$147
$/SQFT
1985
Built
County:
Maricopa
Area:
Phoenix
Property Description
15,424sf CO zoned property on acre lot located between major Freeways, 51, 101 and 17; only 20 minutes from Sky Harbor airport, 7 minutes to Scottsdale, Desert Ridge, Minutes to Paradise Valley! Currently 96% occupied and anticipated to be 100%! This fantastic property is located near the busy intersection of Cave Creek Road and Cactus/Thunderbird Road! There is an updated lobby area and even an elevator serving level two suites. 2400sf has just been transformed into all plumbed 13 medspa suites/executive suites with kitchen and lovely reception a medical office, property has been repainted and parking has been redone, mostly new AC units and more!
Exterior Features

Construction BlockStucco Covered Parking Spaces 10.00 Exterior Features LandscapingMonument Sign Fencing Block Freeway Highway 1.1 - 2 Miles Parking Private Parking Roads Asphalt Roofing Built-UpFoam Stories 2 Stories Total Parking Spaces 60.00 Uncovered Parking Spaces 50.00

Interior Features

Amenities Conference RoomKitchenPublic Elevator(S) Ceiling Height 8.1 Feet To 10 Feet Cooling Office A/C Flooring CarpetCeramic TileOther (See Remarks)Wood Heating Electric Interior Features FinishedFinished To SuitPrivate RestroomsPublic RestroomsSecurity Light(S)

Property Features

Adjusted Gross Inc 220000.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Building Type Office Cross Street Greenway & Cave Creek Current Use AutomobileMedical/DentalMixed UseOfficeOtherRecreationalReligious FacilityRetailSee RemarksService BusinessWarehouseWholesale Electric ApsOver 220 Amp Gas None Gross Annual Sch Inc 220000.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number 18 Net Operating Income 170000.00 Operating Exp 17146.00 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Sewer - Public Source Of Financial Data Provided By Owner Taxes 17146.00 Traffic Count 35001 To 50000 Vacancy Allowance 0.00 Water City Franchise Zoning C-O

Listing courtesy of Prestige Realty.


© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than My Home Group. Data last updated 2021-06-20T12:14:37.947.
 
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